Motor Vehicle Transaction Recovery Fund; bonding requirements. (HB171)

Introduced By

Del. John Cosgrove (R-Chesapeake)

Progress

√
 Introduced
√
 Passed Committee
√
 Passed House
√
 Passed Senate
√
 Signed by Governor
√
 Became Law

Description

Motor Vehicle Transaction Recovery Fund; bonding requirements.  Permits the Fund to drop below the previously mandated $250,000 balance requirement but not to register a negative balance. The bill also allows recovery against a dealer to include attorney fees. Amends § 46.2-1527.1, § 46.2-1527.2, of the Code of Virginia. View Full Text »

Outcome

Bill Has Passed

History

  • 01/09/2012 Committee
  • 01/09/2012 Prefiled and ordered printed; offered 01/11/12 12101762D
  • 01/09/2012 Referred to Committee on Transportation
  • 01/13/2012 Assigned Transportation sub: #4
  • 01/17/2012 Impact statement from DPB (HB171)
  • 01/20/2012 Assigned Transportation sub: #3
  • 01/24/2012 Subcommittee recommends reporting with amendment(s) (6-Y 0-N)
  • 01/26/2012 Reported from Transportation with substitute (22-Y 0-N) (see vote tally)
  • 01/26/2012 Committee substitute printed 12104576D-H1
  • 01/27/2012 Read first time
  • 01/30/2012 Read second time
  • 01/30/2012 Committee substitute agreed to 12104576D-H1
  • 01/30/2012 Engrossed by House - committee substitute HB171H1
  • 01/30/2012 Impact statement from DPB (HB171H1)
  • 01/31/2012 Read third time and passed House BLOCK VOTE (97-Y 0-N)
  • 01/31/2012 VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally)
  • 02/01/2012 Constitutional reading dispensed
  • 02/01/2012 Referred to Committee on Transportation
  • 02/08/2012 Reported from Transportation (13-Y 0-N) (see vote tally)
  • 02/10/2012 Constitutional reading dispensed (38-Y 0-N) (see vote tally)
  • 02/13/2012 Read third time
  • 02/13/2012 Passed Senate (40-Y 0-N) (see vote tally)
  • 02/14/2012 Constitutional reading dispensed (38-Y 0-N) (see vote tally)
  • 02/15/2012 Enrolled
  • 02/15/2012 Bill text as passed House and Senate (HB171ER)
  • 02/15/2012 Impact statement from DPB (HB171ER)
  • 02/15/2012 Signed by Speaker
  • 02/16/2012 Signed by President
  • 02/28/2012 G Approved by Governor-Chapter 10 (effective 7/1/12)
  • 02/28/2012 G Acts of Assembly Chapter text (CHAP0010)